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Corcept Therapeutics price target raised to $61 from $50 at Ladenburg

Ladenburg analyst Matthew Kaplan raised the firm’s price target on Corcept Therapeutics to $61 from $50 and keeps a Buy rating on the shares. Corcept reported preliminary 4Q23 revenue of $135.4M versus the firm’s expectation of $127.8M and is investing in improving the screening and treatment of patients to improve revenue growth, the analyst tells investors in a research note.

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